A weekly look at office and industrial real estate in the county. : CITY OF ORANGE COMMERCIAL REAL ESTATE
A look at commercial real estate data in an Orange County community
as of June 30, 1988.
OFFICE BUILDINGS
Existing Buildings Number of buildings: 48
Total square feet: 4,799,255
Vacant space: 1,064,977
Vacancy rate: 22.19
Buildings Under Construction Number of buildings: 1
Total square feet: 275,000
Committed space: 12,000
Committed, percentage of total: 4.36
Monthly Lease Rates Per Square Foot Existing Vacant Office Space Average: $1.77
Low: $1.00
High: $2.25
Space Under Construction Average: $2.00
Low: $1.85
High: $2.15
High Tech/Research & Development Space Sale price per square foot Average: $90
Low: $90
High: $90
Lease price per square foot Average: $0.80
Low: $0.75
High: $0.85
Manufacturing/Warehouse Space Sale price per square foot Average: $71.80
Low: $67.00
High: $79.75
Lease price per square foot Average: $0.48
Low: $0.40
High: $0.65
Source: Coldwell Banker
